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Waterfront Office Suite with Underground Parking
For Lease
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175 Parfitt Way SW, Bainbridge Island, WA 98110

Office suite with reception, two private offices, open work area, and storage, plus secure timed entry and underground parking.

Space Size997 SF
Days on Market532

Property Features for 175 Parfitt Way SW

General Information

Standard status Active
Size 997 SF
Property subtype OFFICE
Lease Type NNN

Amenities

secure timed entry
underground parking
waterfront views

Spaces For Lease

at 175 Parfitt Way SW Contact us

Discover the perfect blend of tranquility and convenience with this exceptional waterfront property $24.27/SF/Yr

Size
997 SF
Type
OFFICE
Lease Type
NNN
Availability
AVAILABLE, 2 weeks notice to vacate
Sublease
Yes
Just minutes from Winslow Way, enjoy easy access to a variety of restaurants, coffee...
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Listing Agency: Windermere Commercial / ERES
Listed By: Kelly Muldrow, CCIM
Source: Moodyscre
Added: Mar 31, 2025 Changed: Sep 8 Last Checked: Sep 12 at 11:13AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Windermere Commercial / ERES

Investment Insights

Based on property information with market context.

This office suite is laid out with a front reception and lobby area, two private offices, an open work space, and an area for storage and office machines. The configuration supports a functional day-to-day office workflow with both private and shared work settings.

The building provides secure timed entry and underground parking. The property is described as just minutes from Winslow Way, with access to dining, coffee shops, retail stores, essential services, and the nearby ferry terminal for commuting. The suite is also noted for views of Eagle Harbor.

This space is available for leasing as an office unit within the building.

Key Highlights

  • Office suite with front reception and lobby area, 2 private offices, and an open work space
  • Includes storage area and space for office machines
  • Building features secure timed entry

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick Grocery & Convenience Store HVAC Service Electrical Service Carpet & Flooring Store Plumbing Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.64 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,259
Businesses Nearby

Demographics for 98110, WA

24,825
Population
10,728
Households
2.3
Avg Household Size
51
Median Age
75%
College-Educated
99%
High-School Grad
27.6 sq mi
ZIP Area
899
Density / Sq Mi
$159,882
Median Household Income
$77,528
Median Earnings
$2,081
Median Rent
$1,076,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Office suite with reception, two private offices, open work area, and storage, plus secure timed entry and underground parking.
Where is this office units located?
The property is located at 175 Parfitt Way SW Bainbridge Island, WA.
What is the lease rate?
The lease rate is $24.27 SF/Yr.
What are key features of this property?
This property features: Office suite with front reception and lobby area, 2 private offices, and an open work space; Includes storage area and space for office machines; Building features secure timed entry
(206) 949-3420 Call to check price and availability
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